M&G Dividend
Dividend criteria checks 3/6
M&G is a dividend paying company with a current yield of 9.55%. Next payment date is on 18th October, 2024 with an ex-dividend date of 12th September, 2024.
Key information
9.6%
Dividend yield
281%
Payout ratio
| Industry average yield | 6.7% |
| Next dividend pay date | 18 Oct 24 |
| Ex dividend date | 12 Sep 24 |
| Dividend per share | UK£0.197 |
| Earnings per share | UK£0.071 |
| Dividend yield forecast | 10.3% |
Recent dividend updates
Recent updates
M&G plc (LON:MNG) Passed Our Checks, And It's About To Pay A UK£0.12 Dividend
Mar 13
Are Insiders Buying M&G plc (LON:MNG) Stock?
Mar 08What You Need To Know About M&G plc's (LON:MNG) Investor Composition
Feb 01Here's How We Evaluate M&G plc's (LON:MNG) Dividend
Jan 05
Who Has Been Buying M&G plc (LON:MNG) Shares?
Dec 01Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, MNG has been paying a dividend for less than 10 years.
Growing Dividend: MNG's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| M&G Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MNG) | 9.6% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.6% |
| Industry Average (Diversified Financial) | 6.7% |
| Analyst forecast (MNG) (up to 3 years) | 10.3% |
Notable Dividend: MNG's dividend (9.55%) is higher than the bottom 25% of dividend payers in the UK market (2.07%).
High Dividend: MNG's dividend (9.55%) is in the top 25% of dividend payers in the UK market (5.57%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (280.6%), MNG's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.6%), MNG's dividend payments are well covered by cash flows.